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business.inquirer.net Gov’t, ADB sign $1.3-B loan deal for Malolos-Clark Railway Project

MANILA, Philippines --- The government and the Asian Development Bank (ADB) on Thursday signed a $1.3-billion loan agreement for the Malolos-Clark Railway Project (MCRP).

 

Finance Secretary Carlos Dominguez signed on behalf of the Philippines while ADB Vice-President Ahmed Saeed signed for the Manila-based multilateral lending bank.

 

The signing ceremony was witnessed by President Rodrigo…
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